CRE Credit Officer

Old National Bank•St Louis Park, MN

9h•Onsite

About The Position

Old National Bank is seeking a senior-level credit professional to maintain a high-quality commercial real estate loan portfolio. The role assesses, structures, and approves complex credit transactions while ensuring compliance with bank risk policies and regulatory standards. Most Credit Officers are individual contributors, though some may have leadership responsibilities. The position reports to a Senior Credit Officer and collaborates with Commercial Relationship Managers and Portfolio Managers to support business growth while managing risk. This is an in-office role with offices in Chicago, Lincoln Park, Milwaukee, Madison, Minneapolis–St. Paul, and Nashville. The role offers a salary range of $108,200 to $218,900 per year, plus bonus. Actual salary offers may vary according to responsibilities, skills and experience, education, and geographic location.

Requirements

Bachelor’s degree in Finance, Accounting, or a related field, or equivalent experience.
At least 7 years of experience in CRE underwriting, credit analysis, or a related function.
Strong knowledge of financial statement analysis, loan structuring, and commercial lending principles.
Familiarity with bank credit policies, risk management, and regulatory requirements.
Experience analyzing risks across various industries and market segments.
Ability to work independently, make informed credit decisions, and escalate complex deals appropriately.
Strong communication and collaboration skills for working with internal stakeholders.

Nice To Haves

Previous management or leadership experience.

Responsibilities

Ensure the commercial loan portfolio meets credit quality targets.
Underwrite and analyze complex commercial loan applications, including assessing risk and assigning accurate asset quality ratings.
Use portfolio data, industry trends, and market insights in collaboration with Credit Administration to support sound credit decisions.
Ensure compliance with corporate credit policies, loan standards, and regulatory requirements.
Monitor and assess the commercial loan portfolio to identify risk, concerns, and growth opportunities.
Evaluate and make decisions on commercial loan requests within assigned credit authority.
Provide credit guidance and recommendations to Relationship Managers and other stakeholders.
Support Senior Credit Officers by reviewing and escalating complex credit transactions as needed.
Collaborate with Commercial Relationship Managers, Portfolio Managers, and Documentation Specialists to ensure credit applications are well structured.
Participate in loan committee discussions and provide insight into underwriting decisions and risk assessments.
Contribute to internal audits, regulatory examinations, and loan review processes as needed.
As applicable, share underwriting and credit-structuring expertise with junior team members and provide informal coaching and development opportunities for Portfolio Managers and Analysts.